RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
CreditAccess Grameen - Stock

CreditAccess Grameen P/E 2024

CreditAccess Grameen P/E

14.59

Ticker

CREDITACC.NS

ISIN

INE741K01010

As of Jun 17, 2024, CreditAccess Grameen's P/E ratio was 14.59, a -39.71% change from the 24.2 P/E ratio recorded in the previous year.

The CreditAccess Grameen P/E history

CreditAccess Grameen Aktienanalyse

What does CreditAccess Grameen do?

CreditAccess Grameen Ltd is a leading financial institution specializing in microfinanced loans. It was established in 2008 and has since experienced significant growth. The company is headquartered in Bengaluru, India and operates in multiple cities and villages throughout India. The establishment of CreditAccess Grameen Ltd was initiated by Chinna Veerappan, an experienced banker. He founded the company with the vision of facilitating access to financial services for the poorest segments of India. He recognized that traditional banks often do not serve these population groups as they cannot provide sufficient collateral. CreditAccess Grameen Ltd offers microfinanced loans to individuals who are unable to provide collateral but still require access to financial services. The company works closely with its clients to understand their financial needs and provide them with the best possible support. The company has developed an innovative business model that emphasizes sustainability and social responsibility. It collaborates closely with communities and promotes job creation and income opportunities. In addition to lending, CreditAccess Grameen Ltd also offers various other divisions, including: - Savings: The company also supports small savings deposits by its customers to help them achieve financial stability. - Credit Insurance: CreditAccess Grameen Ltd also provides credit insurance to its customers to protect them from financial losses due to unforeseen circumstances. - Payment Services: The company also offers payment services to facilitate easy money transfers. CreditAccess Grameen Ltd offers a range of financial products to meet its customers' needs, including group loans, individual loans, micro-savings, micro-insurance, and payment services. It has also developed specialized products to meet the needs of women, youth, and employment-intensive sectors such as agriculture and trade. Overall, CreditAccess Grameen Ltd is considered an important provider of financial services in India. The company has developed an innovative methodology to meet the financial needs of the poorest segments and is actively committed to sustainability and social responsibility. Through its various divisions and products, the company offers a variety of financial services tailored to the needs of its customers. CreditAccess Grameen ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering CreditAccess Grameen's P/E Ratio

The Price to Earnings (P/E) Ratio of CreditAccess Grameen is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing CreditAccess Grameen's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of CreditAccess Grameen is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in CreditAccess Grameen’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about CreditAccess Grameen Stock

What is the price-to-earnings ratio of CreditAccess Grameen?

The price-earnings ratio of CreditAccess Grameen is currently 14.59.

How has the price-earnings ratio of CreditAccess Grameen changed compared to last year?

The price-to-earnings ratio of CreditAccess Grameen has increased by -39.71% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of CreditAccess Grameen high compared to other companies?

Yes, the price-to-earnings ratio of CreditAccess Grameen is high compared to other companies.

How does an increase in the price-earnings ratio of CreditAccess Grameen affect the company?

An increase in the price-earnings ratio of CreditAccess Grameen would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of CreditAccess Grameen affect the company?

A decrease in the price-earnings ratio of CreditAccess Grameen would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of CreditAccess Grameen?

Some factors that influence the price-earnings ratio of CreditAccess Grameen are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does CreditAccess Grameen pay?

Over the past 12 months, CreditAccess Grameen paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, CreditAccess Grameen is expected to pay a dividend of 0 INR.

What is the dividend yield of CreditAccess Grameen?

The current dividend yield of CreditAccess Grameen is .

When does CreditAccess Grameen pay dividends?

CreditAccess Grameen pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of CreditAccess Grameen?

CreditAccess Grameen paid dividends every year for the past 0 years.

What is the dividend of CreditAccess Grameen?

For the upcoming 12 months, dividends amounting to 0 INR are expected. This corresponds to a dividend yield of 0 %.

In which sector is CreditAccess Grameen located?

CreditAccess Grameen is assigned to the 'Finance' sector.

Wann musste ich die Aktien von CreditAccess Grameen kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of CreditAccess Grameen from 6/17/2024 amounting to 0 INR, you needed to have the stock in your portfolio before the ex-date on 6/17/2024.

When did CreditAccess Grameen pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of CreditAccess Grameen in the year 2023?

In the year 2023, CreditAccess Grameen distributed 0 INR as dividends.

In which currency does CreditAccess Grameen pay out the dividend?

The dividends of CreditAccess Grameen are distributed in INR.

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Andere Kennzahlen von CreditAccess Grameen

Our stock analysis for CreditAccess Grameen Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CreditAccess Grameen Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.